USDOLLAR Fundamental View : 23.08.2016

USDOLLAR Fundamental View : 23.08.2016
Click Here  & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753

US dollar index is trading at 94.44; remained supported as optimism about rate hike from the US remained high and markets reading comments from FED members as signs of impending hike in the near term. There was no data reported yesterday and dollar remained supported against most of the majors. Home sales data to be reported today and would not have a major impact on the markets.

TIME COUNTRY DATA ACTUAL SURV PREVIOUS
19:15:00 USD Manufacturing PMI (Aug) 52.7 52.9
19:30:00 USD New Home Sales (Jul) 580K 592K
19:30:00 USD New Home Sales (MoM) (Jul) -2.00% 3.50%

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.